Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.76%
Stock 60.55%
Bond 37.04%
Convertible 0.00%
Preferred 0.01%
Other 1.65%
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Market Capitalization

As of December 31, 2025
Large 72.16%
Mid 18.74%
Small 9.10%
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Region Exposure

% Developed Markets: 97.11%    % Emerging Markets: 1.02%    % Unidentified Markets: 1.87%

Americas 81.24%
80.11%
Canada 34.55%
United States 45.56%
1.13%
Argentina 0.02%
Brazil 0.08%
Chile 0.01%
Colombia 0.05%
Mexico 0.43%
Peru 0.00%
Venezuela 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.41%
United Kingdom 2.79%
8.13%
Austria 0.11%
Belgium 0.04%
Denmark 0.27%
Finland 0.29%
France 1.60%
Germany 1.11%
Greece 0.02%
Ireland 0.33%
Italy 0.58%
Netherlands 0.56%
Norway 0.16%
Portugal 0.00%
Spain 0.76%
Sweden 0.34%
Switzerland 1.71%
0.14%
Poland 0.01%
Turkey 0.05%
0.36%
Egypt 0.02%
Israel 0.19%
Nigeria 0.01%
Saudi Arabia 0.00%
South Africa 0.03%
United Arab Emirates 0.00%
Greater Asia 5.48%
Japan 3.97%
0.96%
Australia 0.91%
0.52%
Hong Kong 0.30%
Singapore 0.22%
South Korea 0.01%
0.03%
Indonesia 0.01%
Pakistan 0.00%
Philippines 0.00%
Unidentified Region 1.87%

Bond Credit Quality Exposure

AAA 8.71%
AA 21.14%
A 17.82%
BBB 38.53%
BB 5.96%
B 3.85%
Below B 0.36%
    CCC 0.34%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.15%
Not Available 3.47%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
40.24%
Materials
10.15%
Consumer Discretionary
6.38%
Financials
20.24%
Real Estate
3.47%
Sensitive
38.21%
Communication Services
4.53%
Energy
3.51%
Industrials
13.45%
Information Technology
16.73%
Defensive
18.76%
Consumer Staples
4.83%
Health Care
7.88%
Utilities
6.05%
Not Classified
2.79%
Non Classified Equity
0.88%
Not Classified - Non Equity
1.91%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 21.76%
Corporate 48.36%
Securitized 1.62%
Municipal 20.85%
Other 7.41%
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Bond Maturity Exposure

Short Term
4.09%
Less than 1 Year
4.09%
Intermediate
62.67%
1 to 3 Years
13.95%
3 to 5 Years
15.04%
5 to 10 Years
33.68%
Long Term
32.99%
10 to 20 Years
9.06%
20 to 30 Years
16.87%
Over 30 Years
7.07%
Other
0.25%
As of December 31, 2025
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